Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 11.S, Problem 11P
Question
•• S11.11 Using the data in Problem S11.10, assume that both Donna, Inc. and Kay Corp. are able to move all their “poor” ratings to “fair.” How would you then rank the two firms?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Question Six: The Financial Statement of your company shows that your profit is $20,000
(as shown in the table below) inadequate for expanding your business. The bank is
insisting on an improved profit picture prior to approval of a loan
for some new equipment. If you would like to improve the profit line to $30,000 so you can
obtain the bank's approval for the loan.
ITEM
Sales
Cost of supply chain purchases
Other production costs
Fixed costs
Profit
Dollar S
400,000
300,000
40,000
40,000
20,000
% of sale
100%
75.0%
10.0%
10.0%
5.0%
a) What percentage improvement is needed in a supply chain strategy for profit to
improve to $30,000? What is the cost of material with a $30,000 profit?
b) What percentage improvement is needed in a sales strategy for profit to improve to
$30,000? What must sales be for profit to improve to $30,000?
Foff
Question 4
Which of the following could be the cross-price elasticity of demand for two goods that are complements?
O c. 1.3
a.-1.3
Ob. 0.2
d. 2
QUESTION Research shows that around 33% of the companies cancel their outsource contracts within 5 years and another 50% found themselves in dispute with the outsourced contractor. There are a number of issues and problems associated with an outsourcing decision. However, still many companies continue to outsource most of their logistics operations. Discuss the possible reasons for apparent failures in outsourcing contracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisal and evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model and explain why they are important when evaluating suppliers.
Note: Procurement & Sourcing Management
Chapter 11 Solutions
Operations Management
Ch. 11.S - Prob. 1DQCh. 11.S - Question: 2. It the probability of a super-event...Ch. 11.S - Question: 3. If the probability of a super-event...Ch. 11.S - Question: 4. Describe some ramifications of the...Ch. 11.S - Question: 5. Describe causes of the bullwhip...Ch. 11.S - Question: 6. Describe how the bullwhip measure can...Ch. 11.S - Question: 7. Describe some potentially useful...Ch. 11.S - Prob. 8DQCh. 11.S - Question: 9. Describe some disadvantages of using...Ch. 11.S - Question S11.1 How would you go about attempting...
Ch. 11.S - Question S11.2 Phillip Witt, president of Witt...Ch. 11.S - Question S11.3 Still concerned about the risk in...Ch. 11.S - Question S11.4 Johnson Chemicals is considering...Ch. 11.S - Prob. 5PCh. 11.S - Question S11.6 Consider the supply chain...Ch. 11.S - Question S11.7 Over the past 5 weeks, demand for...Ch. 11.S - Prob. 8PCh. 11.S - Prob. 9PCh. 11.S - Question S11.10 As purchasing agent for Woolsey...Ch. 11.S - Question S11.11 Using the data in Problem S11.10,...Ch. 11.S - Question S11.12 Develop a vendor-rating form that...Ch. 11.S - Question S11.13 Your options for shipping 100,000...Ch. 11.S - Prob. 14PCh. 11.S - Prob. 15PCh. 11.S - Question S11.16 Recently, Abercrombie Fitch (AF)...Ch. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Question 5. What is vertical integration? Give...Ch. 11 - Question 6 What are three basic approaches to...Ch. 11 - Prob. 7DQCh. 11 - Question 8. What is the difference between...Ch. 11 - Question 9. What is CPFR?Ch. 11 - Question 10. What is the value of online auctions...Ch. 11 - Question: 11. Explain how FedEx uses the Internet...Ch. 11 - Question 12. How does Walmart use drop shipping?Ch. 11 - Prob. 13DQCh. 11 - Question: 14. What can purchasing do to implement...Ch. 11 - Question 15. What is e-procurement?Ch. 11 - Prob. 16DQCh. 11 - Question: 17. What is SCOR, and what purpose does...Ch. 11 - Question: 11.1 Choose a local establishment that...Ch. 11 - Prob. 2PCh. 11 - Question: 11.3 Hau Lee Furniture, Inc., described...Ch. 11 - Question: 11.4 Kamal Fatehl, production manager...Ch. 11 - Question: 11.5 Baker Mfg. Inc. (see Table 11.9)...Ch. 11 - Question: 11.6 Arrow Distributing Corp. (see...Ch. 11 - Question: 11.7 The grocery industry has an annual...Ch. 11 - Question: 11.8 Mattress Wholesalers, Inc., is...Ch. 11 - Question: Dardens Global Supply Chains Video Case...Ch. 11 - Prob. 2CSCh. 11 - Question: Dardens Global Supply Chains Video Case...Ch. 11 - Prob. 4CSCh. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Prob. 2.1VCCh. 11 - Prob. 2.2VCCh. 11 - Prob. 2.3VCCh. 11 - Prob. 2.4VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Explainarrow_forwardQuestion 1Explain Vernonâs product cycle in terms of the global development of the market for pharmaceuticals and software and the development of the Indian drug and software industries.Question 2Explain Porterâs Diamond and how Nokiaâs development as an international mobile telcom company illustrates it.Question 3Large MNEs dealing in multiple markets constantly face exchange rate issues that if not properly managed can have severe adverse consequences. Explain how the VW and JAL cases illustrate this point and how they could have better managed their exposures.Question 4Explain Absolute, Comparative and Competitive Advantage and how Intel and Toyota are examples of all three concepts.Question 5Explain briefly the US Foreign Corrupt Practices Act, why it applied to a foreign company such as Siemens, Siemensâ corrupt practices, how it was caught and prosecuted, and how and…arrow_forwardQuestion 3 3. An airline company has adjusted its pricing in accordance with passengers’ willingness to pay due to peak and seasonal trends, as well as competition from other airlines. The airline company is giving discounts up to 20% on all domestic flights for booking from April 19 to April 27, 2022. Additionally, Flights from City A will begin as low as $139 for all-in fares to others destinations. (a) Identify and explain two pricing strategies from the case. (b) Discuss four factors that influence the price adaptation for the case. (c) Suggest two new pricing strategies for the airline company.arrow_forward
- Q5a Please provide detail write up for the following business law question When performing a contract of sale of goods, it is possible that the seller may havedelivered the wrong quantity of goods. What are the implications of this delivery? Discuss.arrow_forwardQuestion 8 If the cross-price elasticity of two goods is positive, then the two goods are a. substitutes. b. complements. c. normal goods. d. inferior goods.arrow_forwardQUESTION 2 Mogomotsi, a 27 year old graduate from Kopong, runs a small stock farm from a family ownedfarm at Metsimotlhabe. He obtains supplies (supplementary feed, medicines, tools) from localagrishops, hardwares. The government has recently secured markets in the Middle East for smallstock and rolled out programs to encourage more citizens to enter small stock farming business.Demand for weaners (sheep and goats), feed, medicines and all other implements has increased.Stud breeders and large-scale farmers have ramped up production to explore this opportunity.Traditionally, livestock was sold to Botswana Meat Commission, the government has liberalizedthis market with all chain stores setting up to take advantage to set butchery section to sell meat. a. In light of the above, conduct an industry analysis using Porter’s Five Forces Model.arrow_forward
- QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by…arrow_forwardQ :-How Market Penetration is achieved?arrow_forwardQuestion 10 Consider a supply chain for pizza, where the end product is pizza sold to consumers. Which of the following has "dependent demand? O Pizza O Flour Click Submit to complete this assessment. MacBook Air R T DS >> Aarrow_forward
- • Total sales revenue in Quarter 2 decreased by $10 million compared to Quarter 1. Sales revenue in the East was $78 million in Quarter 1. Sales revenue in the West increased by $46 million from Quarter 1 to Quarter 2. Question Arrange the sales revenue (in '000,000s) by quarter and the percentages in the East and West regions. $160 $120 $80 $40 120 50% 50% 80 50% 50% 5 of 7arrow_forwardQUESTION 13 The return to any factor of production that is in variable demand variable supply fixed demand fixed supply is pure rent.arrow_forwardProblem 3-14 (Algo) Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) 4,150 4,25e 3,950 4, 350 4,95e 4,650 5,25e 4,850 5,35e 5,65e 6,25e 5,95e January February March Аpril Мay June July August September October November December a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round Intermedlate calculatlons. Round your answers to 2 decimal places.) Month Forecast January February March April May June July August September October November December b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY